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Property profile & analytics
OFF-MARKET Estimated value $545,000
Commercial real estate

3701 Pottawatomie Rd Harrah, OK 73045-5952

9.99 ac lot Built 1969
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US69-0667280
Property summary
AI-generated overview

This exceptional 9.99-acre mixed-use property, located at 3701 S Pottawatomie Rd, Harrah, OK 73045, presents a compelling redevelopment opportunity. Currently operating as a 38-pad mobile home park with 25 buildings, the property boasts 435,164 square feet and is zoned for Commercial Residential use. The park features 38 pads, each with two parking spaces, and currently has a 45% occupancy rate. While many existing mobile homes require removal, this presents a chance to revitalize the park with new manufactured homes or convert it into a modern RV park. The existing infrastructure, including a single-cell sewer lagoon, provides a solid foundation for future development. Built in 1965 and renovated in 2007, the property includes a conventional structure suitable for an office or caretaker's residence. The property's strategic location near Wes Watkins Lake offers a serene setting and proximity to a growing population with a median household income of $53,673 within a 1-mile radius, ensuring a strong tenant base. The asking price is $750,000. This investment presents substantial potential for growth and reliable cash flow in the thriving Oklahoma City Metro market. The APN is R267136000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot 9.99 ac (435,164 SF)
APN 26-713-6000
UPID US69-0667280
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k
Owner & transaction history
Harrah 3701 Mhp LLC · 3 yrs held
Harrah 3701 Mhp LLC
since 2022
Last sale
$509,000
7 recorded transactions
2022
$509,000
2018
$350,000
2010
Price N/A
2008
Price N/A
2008
$25,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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